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Profits on GBP/USD breakout

August 6th, 2008 Mark Gavalda Leave a comment Go to comments

The USD related moves finally brought in some life to the market, as soon as the Cable broke out of the “channel” (technically was not a real channel) I went short and managed to get out at 1.9490 for a good 35 pips profit. I wasn’t around when the bears attacked again and pushed the price down again, oh well, only 51pips for today (yet) :)

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